The Master of Science in Finance (MScFin) is a flexible program designed to provide financial professionals and qualified international students with the skills and knowledge that are necessary for positions in the quantitative areas of finance. This program provides a solid foundation for professional career success by developing students’ analytical and quantitative skills used across all finance specializations. The program seeks highly motivated college graduates who will bring their personal values, experiences, and interests to the classroom.
The MScFin program consists of four required core courses plus six elective courses that suit the interests of the student. The program offers three concentrations: (1) Corporate Financial Planning and Analysis, (2) Securities and Markets, and (3) Data Analytics in Finance. The program of study is completed in one year on a full-time basis.
Admission Requirements
Admission to the MScFin program is based on a combination of undergraduate grade point average, score on the Graduate Management Admission Test (GMAT), references, and work experience. Applicants are required to submit all transcripts from undergraduate and graduate enrollments and degrees, GMAT or GRE. Information on the GMAT may be found at mba.com. Recent scores of the Graduate Records Examination (GRE) are acceptable. See ets.org for information on conversion of a GRE score to a predicted GMAT score.
Waivers may be requested.
All students must provide three letters of recommendation and a personal perspective letter of why they are a strong candidate for the program.
International students must have a bachelor’s degree with an acceptable grade point average from an educational institution approved by the Haenicke Institute for Global Education.
In addition, international students whose native language is not English must demonstrate proficiency in the English language by taking the TOEFL examination. Those scoring less than 80 on the TOEFL examination may be required to participate in English language programs offered by the Center for English Language and Culture for International Students (CELCIS) prior to beginning the MScFin program. Information on CELCIS may be found at wmich.edu/celcis. The International English Language Testing System (IELTS) may also be used with a score of 6.5.
Academic Communication Proficiency
Graduate students whose native language in not English and who do not have a degree from a U.S. institution must take the Academic Communication Placement Test at the beginning of their first semester of enrollment. This test is administered by the Haworth College of Business Communication Center. It must be taken in addition to TOEFL (Test of English as a Foreign Language), which is taken as part of the admission process. A student who does not pass this examination is assigned to the Academic Communication for Business Purposes course - BCM 6050. This course must be completed during the first semester of study. Graduate students whose native language is not English but have an undergraduate degree from a U.S. institution will not be required to take the placement test or the course.